RE: Madagascar Graphite30 Aug 2024 15:55
I was defending the status quo and the likelihood of taking on board the requirements to move forward from shareholder concerns, rather than an entity that was more intentional mudslinging and without an alternative plan.
I am not in a position to defend Shishir now. The vote result was still the right one, imo, but the suspension and no news on when the situation is likely to change, or any other real plan to move forward is a kick in the teeth for those that remained loyal.
I certainly won't be vocal in my support and much to be done here to get shareholders to trust the existing regime going forward.
There is a viable business here, but lots of question marks over funding, decision making, proper growth plan, etc.
Much of the hard graft has been done but TGR have not capitalised on the China ban as many expected them to do.
It's a hold for me when this does recommence trading, but with an eye to reduce exposure rather than hold for long term growth if we do see any SP rise